Julio Gonzalez
Asset Classifications for Cost Segregation
31 December 2024 | 1 reply
Non-tangible property includes buildings, land or other inherently permanent structures.I get a lot of questions on which group specific assets belong in, so I put together a list to help.Non-Tangible PropertyBuilding (27.5 or 39 Year Useful Life)Land (Non-Depreciable)Paved Parking Areas (15 Year useful life)Swimming Pools (15 Year useful life)Fences (15 year useful life)Bridges (15 year useful life)Exterior Landscaping (15 year useful life)Docks (15 year useful life)Sidewalks (15 year useful life)Tangible Personal PropertyMillwork or decorative trimCarpetAir Conditioning equipmentShelving, cabinets and display racksAccordion doors and partitionsWall coveringsInterior landscapingNeon or other signsDecorative and business specific activity light fixturesGenerators, machinery and kitchen equipmentWindow treatmentsWhat other questions do you have regarding cost segregation?
Rene Hosman
Author of 30-Day Stay answers your questions
20 December 2024 | 15 replies
I would love to learn from and connect with those of you who partner with corporate hq folks (regardless of the "corporate" buyer) and offer them an inventory, or even one product/asset, for MTR/Corporate Housing.
Keira Hamilton
What I Learned from Owning and Selling a Laundromat – Exploring a Different Asset Cla
1 January 2025 | 23 replies
I’ve seen a few questions about laundromats as an asset class, and would love to share what I’ve learned.
Ryan Sajdera
Is leasehold property a good idea?
20 December 2024 | 3 replies
If the airport authority would deed the buildings to me, it would cause them to be entered on the tax roll.
Debra Gross
LLC buying property in Ohio,
19 December 2024 | 5 replies
Good insurance, particularly with an umbrella liability policy provides very adequate protection on smaller assets.
Bill Warren
Asset protection help
7 December 2024 | 1 reply
I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.
Julio Gonzalez
Cost Segregation FAQ
31 December 2024 | 3 replies
This also allows for property owners to more easily write-off assets that get damaged/destroyed as the value of these assets is determined as part of the study.
Jason Bales
Understanding Housing Vouchers
1 January 2025 | 1 reply
Each housing authority (HA) provides a voucher amount determined by bedroom and some further define it by zip code or city within their covered area.
Garry Lawrence
19-Year-Old Closing on First Rental Property – Seeking Advice!
13 December 2024 | 11 replies
Do you think my age will impact my authority as a landlord?
Danny Goss
Starting out + choosing a strategy
26 December 2024 | 6 replies
I joined after reading 5-6 of the BP authored books and I've loved growing my understanding of the world of real estate investing.I made my first investment this summer and my family is partnering to make a few investments in the next year.